Skip To Content

346 San Marcos Street

San Gabriel, CA 91776
  • $4,300,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: PF25253062
$4,300,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Elizabeth Kho of Joy Realty Group Inc. ((626) 487-2222) and Monica Young of Joy Realty Group Inc.((626) 487-2222)


Description

First time on the market in 24 years! Situated in the heart of San Gabriels Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambras Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169545657
Print Image

346 San Marcos Street San Gabriel, CA 91776

  • Price: $4,300,000
  • Status: Active
  • On Site: 38 Days
  • ID#: PF25253062
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1989
Built
Neighborhood:
654 - San Gabriel
County:
Los Angeles
Area:
654 - San Gabriel
Property Description
First time on the market in 24 years! Situated in the heart of San Gabriels Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambras Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.
Exterior Features

Carport Spaces 17 Carport YN Yes Entry Level 2 Entry Location 2nd floor with stairs Lot Features Irregular Lot Number Of Separate Electric Meters 10 Parking Features Carport Parking Total 19 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Garage YN Yes Gross Income 247944 Gross Scheduled Income 285144 Insurance Expense 5308 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 201863 New Construction YN No Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Number Of Units Leased 9 Operating Expense 61558 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 20662 Trash Expense 6730 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 4228 Water Source Public Zoning SLR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_403876698-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_403876698-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_403876698-2.jpg
Logo
Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Elizabeth Kho of Joy Realty Group Inc. ((626) 487-2222) and Monica Young of Joy Realty Group Inc.((626) 487-2222)